stoxline Quote Chart Rank Option Currency Glossary
  
Golden Matrix Group, Inc. (GMGI)
2.48  0.28 (12.73%)    01-14 16:00
Open: 2.19
High: 2.6
Volume: 757,135
  
Pre. Close: 2.2
Low: 2.1412
Market Cap: 320(M)
Technical analysis
2025-01-14 4:46:43 PM
Short term     
Mid term     
Targets 6-month :  3.03 1-year :  3.54
Resists First :  2.59 Second :  3.03
Pivot price 2.06
Supports First :  2.15 Second :  1.87
MAs MA(5) :  2.13 MA(20) :  2.04
MA(100) :  2.32 MA(250) :  2.82
MACD MACD :  -0.1 Signal :  -0.1
%K %D K(14,3) :  71.4 D(3) :  55.7
RSI RSI(14): 66.2
52-week High :  6.26 Low :  1.87
Price, MAs and Bollinger Bands

Price has closed above its short-term moving average. Short-term moving average is currently below mid-term; and below long-term moving average. From the relationship between price and moving averages: This stock is NEUTRAL in short-term; and BEARISH in mid-long term.
[ GMGI ] has closed Bollinger Bands are 5.1% wider than normal. The current width of the bands does not suggest anything about the future direction or movement of prices.

Stock Price Prediction
If tomorrow: Open lower Open higher
High: 2.6 - 2.62 2.62 - 2.63
Low: 2.12 - 2.13 2.13 - 2.14
Close: 2.46 - 2.48 2.48 - 2.5
Company Description

Golden Matrix Group, Inc. provides enterprise software-as-a-service solutions for online casino and sports betting operators. The company develops and owns online gaming intellectual property; and builds gaming platforms for customers located primarily in the Asia Pacific region and Europe. Its platform facilitates gaming customers in operating online casinos, sportsbooks, lottery, and live games; and provides customers with access to a portfolio of licensed gaming content, which are provided by gaming content providers. The company also provides services and resells third party gaming content to licensed online gaming distributors. Its platform is accessed through desktop and mobile applications. The company was formerly known as Source Gold Corp. and changed its name to Golden Matrix Group, Inc. in April 2016. Golden Matrix Group, Inc. was incorporated in 2008 and is based in Las Vegas, Nevada.

Headline News

Tue, 14 Jan 2025
Golden Matrix Group Inc Reports Preliminary FY 2024 Revenue of $150 Million, Marking a 61% Increase - GuruFocus.com

Tue, 14 Jan 2025
Golden Matrix Group Announces $150M Preliminary FY 2024 Consolidated Revenue Guidance - iGamingFuture

Mon, 13 Jan 2025
Golden Matrix: Strategic Acquisitions For Long-Term Growth Despite Short-Term Challenges - Seeking Alpha

Mon, 13 Jan 2025
Golden Matrix Group Reports $150M Preliminary FY 2024 Consolidated Revenue Guidance - Yahoo Finance

Tue, 31 Dec 2024
Golden Matrix Group (GMGI): Previews its 2025 Gaming Business Opportunity; Positioned for Growth in High-Potential Markets Due to Proprietary Tech Leadership - Nasdaq

Tue, 31 Dec 2024
Golden Matrix Reports 55% Revenue Surge to $105.3M, Expands into Brazil Gaming Market with Strong Growth Outlook - StockTitan

Financial Analysis
Price to Book Value:
P/BV, a ratio used to compare book value to its current market price, to gauge whether a stock is valued properly.
Underperform
Price to Earnings:
PE, the ratio for valuing a company that measures its current share price relative to its earnings per share (EPS).
Underperform
Discounted cash flow:
DCF, a valuation method used to estimate the value of an investment based on its expected future cash flows.
Outperform
Return on Assets:
ROA, indicates how profitable a company is in relation to its total assets, how efficiently uses assets to generate a profit.
Underperform
Return on Equity:
ROE, a measure of financial performance calculated by dividing net income by equity. a gauge of profitability and efficiency.
Underperform
Debt to Equity:
evaluate financial leverage, reflects the ability of equity to cover outstanding debts in the event of a business downturn.
Underperform
Stock Basics & Statistics
Exchange:
NASDAQ
Sector:
Technology
Industry:
Electronic Gaming & Multimedia
Shares Out 129 (M)
Shares Float 19 (M)
Held by Insiders 85.1 (%)
Held by Institutions 2.4 (%)
Shares Short 983 (K)
Shares Short P.Month 1,020 (K)
Stock Financials
EPS -0.02
EPS Est Next Qtrly 0
EPS Est This Year 0
EPS Est Next Year 0
Book Value (p.s.) 1.5
Profit Margin 16.9 %
Operating Margin 0.3 %
Return on Assets (ttm) 0 %
Return on Equity (ttm) 0 %
Qtrly Rev. Growth 74.8 %
Gross Profit (p.s.) 0
Sales Per Share 0.67
EBITDA (p.s.) 0.15
Qtrly Earnings Growth -99.6 %
Operating Cash Flow 20 (M)
Levered Free Cash Flow 0 (M)
Stock Valuations
PE Ratio -124
PEG Ratio 0
Price to Book value 1.64
Price to Sales 3.66
Price to Cash Flow 15.85
Stock Dividends
Dividend 0
Forward Dividend 0
Dividend Yield 0%
Dividend Pay Date Invalid DateTime.
Ex-Dividend Date Invalid DateTime.

StockChart iOS

StoxlineLite iOS

StoxlineLite iOS

OptionCalc iOS

StockChart Android

StoxlineLite Android

StoxlinePro Android

OptionCalc Android